Finisar Investors Again Denied Class Cert. As Suit Nixed

By Dave Simpson ( May 28, 2019, 8:18 PM EDT) -- A California federal judge again declined to approve a class of investors claiming an inarticulate statement by the CEO of Finisar Corp. bumped its stock price up just long enough to make him and the fiber optic supplier millions, ruling that the shareholders' purported "new evidence" is not new....

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